CONCORD – House Speaker William O’Brien (R-Mont Vernon) and House Majority Leader D.J. Bettencourt (R-Salem) today offered the following statement in response to the news that October’s unemployment rate dropped to 5.3% in October from 5.4%. According to data from the Department of Employment Security, the number of employed residents increased to 704,770, a jump of 2,220 from September. The unemployment rate did not drop further because 1,940 individuals entered the workforce, a sign of a strengthening economy.
House Speaker William O’Brien
“Obviously, we are thrilled to see so many more of our friends and neighbors finding employment. What is truly encouraging is that nearly 2,000 more people across the state have decided to re-enter the workforce. That’s a strong sign that the number of discouraged workers is dropping and that people are becoming hopeful about the future of New Hampshire’s economy. This is a step in the right direction, but we still have much more to do to make sure that everyone who wants a job across the state is able to find one. As we keep our promises, jobs are returning to New Hampshire.”
House Majority Leader D.J. Bettencourt
“We are seeing the impact of the Republican pro-growth initiatives bringing confidence to both employers and workers. Over 2,200 New Hampshire citizens were able to find jobs this month, helping the working families across the state. What’s more important is that almost 2,000 residents decided to get off the sidelines and join the labor force, showing that they are betting on a brighter future for our economy. We need to make sure that government is not a barrier to growing our economy, which is why I am so discouraged that Governor Lynch chose to oppose a common sense jobs measure in the plan to bring responsible gaming to our state and to make New Hampshire a Right-to-Work state. We would prefer to work with the Governor as an ally in growing jobs here, but he has chosen to become an impediment instead.”